Oportun (OPRT) CEO Douglas Bland granted 463,822 RSUs and 463,822 PSUs

Rhea-AI Filing Summary

Bland Douglas K reported acquisition or exercise transactions in this Form 4 filing.

Oportun Financial Corp reported that Chief Executive Officer Douglas K. Bland received equity-based compensation awards. He was granted 463,822 Restricted Stock Units (RSUs), which vest over three years, with 33% vesting on the first anniversary of the grant and the remainder in eight quarterly installments, subject to continued service.

He was also granted 463,822 Performance Stock Units (PSUs)March 10, 2029 if both performance and service conditions are met.

Insights

Equity Compensation Analyst

CEO receives large time- and performance-based stock awards as routine compensation.

Douglas K. Bland, Chief Executive Officer of Oportun Financial Corp, was granted 463,822 RSUs and 463,822 PSUs. These awards cost no cash upfront and align pay with future stock performance and continued service.

The PSUs depend on Economic ROA over a one-year period and a three-year relative TSR modifier versus the Russell 3000 Index for 2026–2028, with payout between 0% and 156% of target. This filing reflects standard executive equity incentives rather than discretionary share purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bland Douglas K

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	463,822	$0.00	--
Grant/Award	Common Stock	463,822	$0.00	--

Holdings After Transaction: Performance Stock Units — 463,822 shares (Direct, null); Common Stock — 463,822 shares (Direct, null)

Footnotes (1)

1. The Restricted Stock Units (RSU) vest over 3 years, 33% will vest on the first anniversary of the grant date and 8 quarterly installments thereafter, subject to the continued service of the Reporting Person on each vesting date. Each RSU represents the right to receive, at settlement, one share of common stock. Represents Performance-Based RSU (PSU) that are eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement). Earned PSUs will be deferred until the end of year three, at which point they will be subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting. The rTSR performance period spans three (3) years covering calendar years 2026 through 2028. The number of PSUs reported in the table reflects the number of units subject to the award at target achievement. Actual vesting will be based on percentile performance, with potential payout ranging from 0% to 156% of the target units. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2029. Each PSU represents the right to receive, at settlement, one share of common stock.

Key Figures

RSUs granted: 463,822 units PSUs granted: 463,822 units PSU payout range: 0%–156% of target units +4 more

7 metrics

RSUs granted 463,822 units Restricted Stock Units granted to CEO on June 10, 2026

PSUs granted 463,822 units Performance Stock Units granted to CEO on June 10, 2026

PSU payout range 0%–156% of target units Based on percentile performance and rTSR modifier

PSU rTSR performance period 2026–2028 Relative TSR against Russell 3000 Index over three calendar years

PSU scheduled vesting date March 10, 2029 Eligible PSUs vest if performance and service conditions are met

Exercise/conversion price $0.00 per unit RSUs and PSUs granted at no cash exercise price

Shares following RSU grant 463,822 shares Common stock total reported following RSU acquisition

Key Terms

Restricted Stock Units (RSU), Performance-Based RSU (PSU), Economic ROA, relative total shareholder return (rTSR), +2 more

6 terms

Restricted Stock Units (RSU) financial

"The Restricted Stock Units (RSU) vest over 3 years, 33% will vest on the first anniversary of the grant date..."

Performance-Based RSU (PSU) financial

"Represents Performance-Based RSU (PSU) that are eligible to vest based on a one-year performance period for Economic ROA..."

Economic ROA financial

"eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement)."

relative total shareholder return (rTSR) financial

"subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index..."

Russell 3000 Index financial

"the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting."

A broad stock market index that tracks the performance of the roughly 3,000 largest publicly traded U.S. companies by total market value, representing almost the entire U.S. equity market. Investors use it like a big basket or thermometer: it provides a simple snapshot of overall U.S. stock market health, serves as a benchmark for funds and portfolios, and helps measure diversification, risk and returns over time.

Eligible Units financial

"any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2029."

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Form 4 Insider Transactions: What Each Field Means →

06/11/2026 - 05:07 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bland Douglas K

(Last) (First) (Middle)

OPORTUN FINANCIAL CORPORATION

1825 SOUTH GRANT STREET, SUITE 850

(Street)

SAN MATEO CALIFORNIA 94402

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Oportun Financial Corp [ OPRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/10/2026		A		463,822(1)	A	(2)	463,822	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(3)	06/10/2026		A		463,822(3)		(3)	06/10/2029	Common Stock	463,822	(4)	463,822	D

Explanation of Responses:

1. The Restricted Stock Units (RSU) vest over 3 years, 33% will vest on the first anniversary of the grant date and 8 quarterly installments thereafter, subject to the continued service of the Reporting Person on each vesting date.

2. Each RSU represents the right to receive, at settlement, one share of common stock.

3. Represents Performance-Based RSU (PSU) that are eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement). Earned PSUs will be deferred until the end of year three, at which point they will be subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting. The rTSR performance period spans three (3) years covering calendar years 2026 through 2028. The number of PSUs reported in the table reflects the number of units subject to the award at target achievement. Actual vesting will be based on percentile performance, with potential payout ranging from 0% to 156% of the target units. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2029.

4. Each PSU represents the right to receive, at settlement, one share of common stock.

Remarks:

	/s/Kathleen Layton (Attorney-in-Fact)	06/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Oportun (OPRT) CEO Douglas K. Bland receive?

Douglas K. Bland received 463,822 Restricted Stock Units and 463,822 Performance Stock Units. Each unit represents one share of common stock, subject to time-based vesting for RSUs and both performance and service conditions for PSUs through 2029.

How do the RSUs granted to the Oportun (OPRT) CEO vest?

The RSUs vest over three years. Thirty-three percent vests on the first anniversary of the grant date, with the remaining balance vesting in eight quarterly installments, contingent on Douglas K. Bland’s continued service on each vesting date.

What performance metrics determine vesting of Oportun (OPRT) PSUs?

The PSUs are earned based on a one-year Economic ROA performance period and then adjusted by relative total shareholder return against the Russell 3000 Index over calendar years 2026–2028, determining payout between 0% and 156% of target units.

When are the Oportun (OPRT) CEO’s PSUs scheduled to vest?

Any PSUs that become Eligible Units are scheduled to vest on March 10, 2029. Vesting requires both achieving the specified Economic ROA and relative TSR performance levels and satisfying service-based conditions through the three-year deferral period.

Does each Oportun (OPRT) RSU or PSU equal a share of common stock?

Yes. Each RSU and each PSU represents the right to receive one share of Oportun common stock at settlement, provided the applicable time-based, performance-based, and service-based vesting conditions described in the award terms are fully satisfied.